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Newsagencies in Australia - Industry Market Research Report

Publisher IBISWorld
Published Dec 16, 2024
Length 73 Pages
SKU # IBSS19493016

Description

Newsagencies in Australia - Industry Market Research Report


Newsagencies in Australia

Newsagencies have faced challenging trading conditions in recent years. Declining newspaper circulations, reduced magazine titles and diminished stationery sales have eroded industry revenue. The catalyst for the current state of the newsagency industry stems from systemic change in readership patterns and how consumers access these mediums. Rising internet subscriber numbers and growing online connectivity have shifted how consumers access news and magazine content. The rapid uptake of online shopping has also changed how consumers shop and what they buy online. While discretionary income growth has given consumers the means to buy discretionary goods, volatile consumer sentiment has cut expenditure on non-essential products. Newsagencies selling lottery products have also been hit, thanks to deteriorating per capita gambling expenditure, in the wake of the COVID-19 pandemic. Industry revenue is expected to dive at an annualised 6.1% over the five years through 2022-23, to $1.5 billion. This trend includes an anticipated drop of 3.7% in 2022-23.

Industry operators primarily retail newspapers, magazines, stationery and greeting cards. These businesses may also sell lottery products, gifts, party items, plush goods, toys, tobacco products, confectionery and beverages. Businesses may trade as a shop, a subagent, or offer home delivery or any combination of these activities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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